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The changing real estate market and talk of a recession can invoke feelings of unease and uncertainty on how to proceed in the coming months. As a team leader, you have the additional stress of making sure your team is prepared for what lies ahead. By returning to your fundamentals, putting best practices in place…

The post Thriving in a Recession: Best Practices for Real Estate Team Leaders appeared first on RISMedia.

The majority of real estate agents working on teams believe they’re more productive and more likely to remain in the industry than if they’d opted to operate alone, according to a first-of-its-kind national study. The recent study, conducted by the Center for Generational Kinetics in partnership with Workman Success Systems, included over 500 agents and…

The post Agents Believe Teams Are Key to Remaining in the Industry: Survey appeared first on RISMedia.

A report from Bloomberg News over the weekend claimed that scandal-ridden Wells Fargo—which not long ago stood as a juggernaut in the mortgage lending industry—has planned a significant strategic pullback from home loans that both preceded and transcends the current tough economic environment. Like essentially every other mortgage lender, the bank has taken a hit…

The post Report: Wells Fargo Plans to Shrink Mortgage Business appeared first on RISMedia.

When a company has great leadership, success is inevitable. But what does it really mean to be a great leader in this industry? From providing the top resources and support to agents and clients, to sharing and implementing new ideas and strategies to positively impact the entire industry, real estate leaders who go the extra…

The post RISMedia’s Newsmakers: Shining a Light on the Industry’s Iconic Leaders appeared first on RISMedia.

The term “broker’s price opinion” (BPO) is used in the real estate industry to describe a home appraisal that a real estate broker performs. A BPO is not an official appraisal but an opinion of the property’s value. A BPO is not binding on either the buyer or the seller and should not be used…

The post How Does a Broker’s Price Opinion in Real Estate Work? appeared first on RISMedia.